MODIFIED TERMS. 1. Paragraph 2 is modified to include the following provision: The Contract shall be in effect from July 1, 2020 through June 30, 2021 (“Year 2”) with the option to extend for three additional years.
MODIFIED TERMS. 1. Paragraph 3 is modified to include the following provision: “Total compensation under this Contract for the period from October 1, 2020 through June 30, 2021 (“Year 2”) shall not exceed $100,000.00.”
MODIFIED TERMS. On and after the Effective Date, all references to the Credit Agreement or the other Loan Documents in each of the Credit Agreement or the other Loan Documents shall hereafter mean the Credit Agreement or the other Loan Documents as modified by this Amendment and Consent. Except as specifically modified hereby or otherwise agreed, the Credit Agreement and the other Loan Documents are hereby ratified and confirmed and shall remain in full force and effect according to their respective terms.
MODIFIED TERMS. 1. Paragraph 1 of the Contract is modified as follows: Section 1(a), 1(b) and 1(c) are deleted and replaced with the following:
MODIFIED TERMS. The following sections of the Lease shall be incorporated by reference as modified in the manner set forth below (collectively, the "MODIFIED TERMS"):
MODIFIED TERMS. The following changes to the Loan Agreement executed on February 16, 2012 and Amended on February 23, 2012 and March 30, 2012:
MODIFIED TERMS. 1. The terms of the First Extension regarding the obligations for Year 2 are preserved.
MODIFIED TERMS. On and after the Effective Date, all references to the Credit Agreement or the other Loan Documents in each of the Credit Agreement or the other Loan Documents shall hereafter mean the Credit Agreement or the other Loan Documents as modified by this Agreement. Except as specifically modified hereby or otherwise agreed, the Credit Agreement and the other Loan Documents are hereby ratified and confirmed and shall remain in full force and effect according to their respective terms. On and after the Effective Date, each reference to “Crosstex Energy, L.P.” in the Credit Agreement or any Loan Document shall be amended to be a reference to “EnLink Midstream Partners, LP (formerly known as Crosstex Energy, L.P.)”. On and after the Effective Date, each reference to “Crosstex Energy GP, LLC” in the Credit Agreement or any Loan Document shall be amended to be a reference to “EnLink Midstream GP, LLC (formerly known as Crosstex Energy GP, LLC)”. On and after the Effective Date, Schedule 2.01 to the Credit Agreement shall be modified to read as set forth on Schedule 2.01 attached hereto. On the Effective Date, the Administrative Agent shall make such transfers of funds as are necessary in order that the outstanding balance of Loans, together with any Loans funded on the Effective Date, reflect the respective Applicable Percentages of the Lenders set forth on Schedule 2.01 attached hereto.
MODIFIED TERMS. Tenant's right of first offer shall remain applicable upon the terms and conditions of Section 33(a) hereof to an election to sell on modified terms if the purchase price under the election to sell on modified terms is less than ninety-five percent (95%) of the present value of the monetary consideration set forth in the original election to sell or if the non-monetary provisions are materially more favorable to the purchaser than those set forth in the notice to Tenant. If Landlord shall sell the Premises or any portion thereof after failure of Tenant to exercise its right of first offer, such sale shall be subject to this Lease provided, however, that this right of first offer shall terminate and shall not be applicable to any subsequent election to sell the Premises or such portion of the Premises. If the Premises or any portion of the Premises shall be conveyed to the Tenant under this right of first offer, any prepaid rent shall be apportioned and applied on account of the Purchase Price.
MODIFIED TERMS. (a) The Borrower and the Lenders hereby agree that that the Secured Obligations under the Loan Agreement shall include an additional advance of SEVEN HUNDRED THOUSAND dollars ($700,000) made by the Lenders to the Borrower on the date of this Second Amendment (the “Tranche B Loan”). The Borrower acknowledges and agrees that the Tranche B Loan was funded with a non-refundable, original issue discount of ONE HUNDRED THOUSAND dollars ($100,000.00). Such original issue discount is a payment for the use of money loaned hereunder, and not a payment for services, and shall be taken into account as required by the original issue discount rules of the Internal Revenue Code of 1986, as amended. Such original issue discount is fully earned on the date hereof and is not refundable under any circumstances.
